Correction – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 14 Sep 2025 01:43:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Correction – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Here’s How The Bitcoin Price Macro Correction Could Play Out Next https://earlybirdsinvest.com/heres-how-the-bitcoin-price-macro-correction-could-play-out-next/ https://earlybirdsinvest.com/heres-how-the-bitcoin-price-macro-correction-could-play-out-next/#respond Sun, 14 Sep 2025 01:43:30 +0000 https://earlybirdsinvest.com/heres-how-the-bitcoin-price-macro-correction-could-play-out-next/

Despite experiencing a significant plunge from ATH levels earlier last month, the Bitcoin price continues to test crucial levels that could shape the trajectory of its next move. A fresh analysis from crypto market expert Casitrades suggests that the coming days could define whether the broader market will face a macro correction or extend its bullish momentum. For now, Fibonacci zones, Elliott Wave structures, and Relative Strength Index (RSI) behaviour align to build a critical narrative around BTC’s price direction. 

Possible Scenarios For Bitcoin Price Macro Correction 

On Friday, Casitrades explained in an X social media post that Bitcoin’s recent price surge has tested the 0.5 Fibonacci retracement level around  $116,000, an important milestone in the recovery phase. Interestingly, despite this sudden push higher, the RSI highlighted on the price chart is yet to show the exhaustion one would typically expect at a major top. This suggests buyers may still have room to drive prices further upward before hitting a ceiling. 

Notably, the analyst pointed out $118,000 as the next critical level to watch, noting that it coincides with the 0.618 Fibonacci retracement and the 1.236 C-wave target within the developing Wave 2 structure. Casitrades has described this area as a decisive confluence point. A sharp rejection here could confirm that Bitcoin’s bull run has officially ended, reinforcing the theory that the cryptocurrency remains locked in a Wave 2 macro correction phase

On the other hand, the analyst noted that forming a top around the decisive confluence point would confirm that BTC is not ready to challenge or break into new all-time highs and could instead retrace deeper. As the chart illustrates, potential downside targets lie well below Bitcoin’s current price levels above $115,800, hinting that a failure at $118,000 could lead to a steeper correction that might drag the cryptocurrency back into the $110,000 – $106,000 zone in the near term. 

BTCUSD currently trading at $115,948, Chart: TradingView

$122,000 Marks Final Test For Macro Correction

While $118,000 remains the first line of resistance for Bitcoin, Casitrades highlighted that the cryptocurrency could extend its rally higher into the $120,000 – $122,000 zone if momentum persists. This level is viewed as the final test that will decide whether the macro correction holds or fails. It aligns with the 0.786 Fibonacci retracement, making it an even more formidable resistance area. 

The expectation is that if Bitcoin’s RSI shows signs of exhaustion and the cryptocurrency faces strong rejection in this region, the correction could be swift and significant. In this scenario, Bitcoin would set up for a macro downturn, confirming the theory that the rally from recent lows has merely been a corrective leg. 

Related Reading

The projected correction could then reset the broader structure, allowing for healthier long-term price action. However, if Bitcoin manages to break through $122,000 convincingly, Casitrades notes that it would invalidate the macro correction narrative altogether and potentially send it to price levels between $122,000 – $124,000. 

Featured image from Unsplash, chart from TradingView

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September Correction Could Send ETH Back to $3,500: Analyst https://earlybirdsinvest.com/september-correction-could-send-eth-back-to-3500-analyst/ https://earlybirdsinvest.com/september-correction-could-send-eth-back-to-3500-analyst/#respond Tue, 02 Sep 2025 05:40:39 +0000 https://earlybirdsinvest.com/september-correction-could-send-eth-back-to-3500-analyst/

Ether prices could tumble a further 20% from current levels if history rhymes and the correction deepens this month.

Now that Ethereum has run the prior all-time highs in August, “I think ETH will drop back to its 21-week EMA [exponential moving average],” said ICT Crypto founder Benjamin Cowen on Monday.

This could send ETH back to around $3,500 before it recovers and pushes to a new all-time high at the end of the year.

“A lot of people will get upset with this idea, but this has been the plan since ETH ‘went home’ in April,” he said, referring to the  April dump below $1,500.

Slumptember Has Arrived

During the past two bull market years, there has been a major correction in September. According to CoinGlass, six of the past ten Septembers have seen price declines for ETH, with the average loss around 6%. However, ETH corrections have been much larger in bull market years.

In September 2017, ETH fell by 21.6% and in the same month in 2021, it lost 12.5%. The asset recovered to notch a new all-time high a few months after, so this month could provide a buy-the-dip opportunity. The longer-term outlook for Ethereum is extremely bullish now that Wall Street has started to embrace the asset.

Additionally, whales are still buying, with Arkham Intelligence reporting on Monday that a whale holding $5 billion of Bitcoin just bought $1 billion in ETH and has now staked it all.

‘DeFi Dad’ posted some Ether ‘moon math’ this week, predicting that the asset will command a much higher market capitalization than its current $523 billion.

“Based on its position as the most trusted and reliable world ledger for stablecoins, RWAs, DeFi native assets and TradFi’s default choice for tokenization… easy to imagine ETH commanding a market cap of $35 trillion or more by 2032/2034, whenever ETH inevitably catches up to or flips BTC market cap.”

Meanwhile, Ethereum educator Anthony Sassano observed that spot Ether ETFs and treasuries bought over 33 times more ETH than was issued by the network in August.

ETH Price Retreats

Despite these clearly bullish long-term prospects, weak retail hands keep selling the asset.

Ether has retreated again today, falling from an intraday high of $4,480 to a low of $4,250 in late trading on Monday. ETH had recovered to reach $4,350 during the Tuesday morning Asian trading session, but it has been printing lower highs and lower lows for the past week as the downtrend continues.

The chances are that this is likely to continue for most of this month before a recovery in Q4.

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Bitcoin traders: BTC must close week above $114K to avoid ‘ugly’ correction https://earlybirdsinvest.com/bitcoin-traders-btc-must-close-week-above-114k-to-avoid-ugly-correction/ https://earlybirdsinvest.com/bitcoin-traders-btc-must-close-week-above-114k-to-avoid-ugly-correction/#respond Fri, 29 Aug 2025 10:39:57 +0000 https://earlybirdsinvest.com/bitcoin-traders-btc-must-close-week-above-114k-to-avoid-ugly-correction/

Key takeaways:

  • Bitcoin needs a weekly close above $114,000 to avoid a deeper correction and reaffirm bullish strength.

  • Failure to hold $112,000 and a bear flag breakdown could trigger drop to $103,700.

Bitcoin (BTC) may avoid an “ugly” correction to lower levels if BTC/USD ends the week above $114,000, according to traders and analysts.

Why Bitcoin price must reclaim $114,000

Bitcoin price is heading for its third consecutive week of losses, 11% below its Aug. 14 all-time high of $124,500, per data from Cointelegraph Markets Pro and TradingView. 

Bitcoin dropped below the crucial level of $114,000, a level that has supported the price over the previous six weeks, as shown in the chart below. 

Related: Bitcoin megaphone pattern targets $260K as BTC price screams ‘oversold’

BTC price must flip this level into support to confirm the strength of the uptrend, according to trader and YouTuber Sam Price.

“Bitcoin bulls are defending $109K support nicely,” Price said in an X post on Thursday, adding:

“A weekly close above $114K would be big.”

BTC/USD weekly chart. Source: Cointelegraph/TradingView

The long wick below $109,000 signalled “solid buy pressure,“ suggesting that bulls are aggressively defending this support level.

Analyst Rekt Capital said that it was important for Bitcoin to reclaim $114,000 as support to avoid a prolonged correction period.

“Turning $114K into new resistance would prolong the pullback period,” the analyst said in a Thursday X post, adding:

 “This has been a cycle of downside deviation, so all it comes down to is Bitcoin Weekly Closing above $114K for bullish bias.”

BTC/USD weekly chart. Source: Rekt Capital

Bitcoin bears want to pull price down to $103,000

As Cointelegraph reported, Bitcoin’s price outlook hinged on holding above $112,000. 

Similar sentiments were shared by MN Capital founder Michael van de Poppe, who spotted Bitcoin trading at $112,800 on Thursday and said that the support at $112,000 was “crucial” for BTC price. 

“If Bitcoin can’t hold above $112K, we’ll probably face a very ugly correction across the board.”

BTC/USD four-hour chart. Source: Michael van de Poppe

Bitcoin had dipped below this support as of Friday, validating a bear flag on the four-hour chart, as shown.

A bear flag suggests a continuation of the bearish momentum, with sellers taking control.

Note that the price was rejected from the upper boundary of the flag, which is around $114,000, and has dropped below the lower boundary, which coincides with $112,000.

The measured move target from the pattern suggests a potential decline toward $103,700, representing a 6% drop from the current level.

The relative strength index remains below the mid-line, confirming the bearish momentum.

BTC/USD four-hour chart. Source: Cointelegraph/TradingView

Liquidation data shows bid clusters all the way down to $104,000, suggesting that BTC price is likely to sink deeper to grab liquidity around this level. 

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

]]> https://earlybirdsinvest.com/bitcoin-traders-btc-must-close-week-above-114k-to-avoid-ugly-correction/feed/ 0 55711 XRP Price Warning: Larger Correction Looms After Recent Weakness https://earlybirdsinvest.com/xrp-price-warning-larger-correction-looms-after-recent-weakness/ https://earlybirdsinvest.com/xrp-price-warning-larger-correction-looms-after-recent-weakness/#respond Fri, 29 Aug 2025 05:28:19 +0000 https://earlybirdsinvest.com/xrp-price-warning-larger-correction-looms-after-recent-weakness/ XRP price is struggling to clear the $3.080 resistance zone. The price is now declining and might extend losses if it drops below $2.920.

  • XRP price is correcting gains from the $3.080 resistance.
  • The price is now trading near $2.9650 and the 100-hourly Simple Moving Average.
  • There is a key bearish trend line forming with resistance at $3.020 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair could continue to decline if it stays below the $3.050 zone.

XRP Price Faces Hurdles

XRP price started a downside correction from $3.0850, like Bitcoin and Ethereum. The price traded below the $3.0650 and $3.050 levels.

The bears were able to push the price below $2.980 and the 100-hourly Simple Moving Average. Moreover, there was a spike below the 50% Fib retracement level of the upward move from the $2.824 swing low to the $3.080 high.

The price is now trading below $2.9650 and the 100-hourly Simple Moving Average. There is also a key bearish trend line forming with resistance at $3.020 on the hourly chart of the XRP/USD pair.

XRP Price

If the bulls protect the $2.920 support, the price could attempt another increase. On the upside, the price might face resistance near the $3.00 level. The first major resistance is near the $3.020 level. A clear move above the $3.020 resistance might send the price toward the $3.080 resistance. Any more gains might send the price toward the $3.120 resistance. The next major hurdle for the bulls might be near $3.150.

More Losses?

If XRP fails to clear the $3.020 resistance zone, it could continue to move down. Initial support on the downside is near the $2.920 level or the 61.8% Fib retracement level of the upward move from the $2.824 swing low to the $3.080 high. The next major support is near the $2.8850 level.

If there is a downside break and a close below the $2.8850 level, the price might continue to decline toward $2.80. The next major support sits near the $2.780 zone, below which the price could gain bearish momentum.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $2.920 and $2.840.

Major Resistance Levels – $3.020 and $3.080.

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When Will The Bitcoin Correction End? The Support Level That Holds The Key https://earlybirdsinvest.com/when-will-the-bitcoin-correction-end-the-support-level-that-holds-the-key/ https://earlybirdsinvest.com/when-will-the-bitcoin-correction-end-the-support-level-that-holds-the-key/#respond Mon, 04 Aug 2025 07:16:52 +0000 https://earlybirdsinvest.com/when-will-the-bitcoin-correction-end-the-support-level-that-holds-the-key/

After crashing below the $115,000 territory over the weekend, Bitcoin has reached an important level that could determine where the crypto market is headed next. Eventually, it comes down to the support levels and how much buying is going on to actually counter the effects of massive sell-offs that continue to drive down the price. However, if bulls are able to hold, then it could suggest there is enough momentum behind the cryptocurrency to push for new highs.

Why Bitcoin Must Hold $100,000

In an analysis, crypto and market analyst MasterAnanda has pointed to the Bitcoin price already solidifying support that could help end the downtrend. Pointing to the current market decline, the analyst explains that the price is actually only down 8% after hitting its $123,000 all-time high back on July 14. This retrace is nothing out of the ordinary, which MasterAnanda refers to as “part of the normal workings of the market.”

Related Reading

The current Bitcoin price fluctuations have not raised any alarms, as corrections are expected and are needed for the price to continue to rally. As the analyst explains, such fluctuations usually see the cryptocurrency reach new higher highs over the longer timeframe.

Already, there is a lot of support for the Bitcoin price above the $110,000 level. This shows that while bears are pushing down hard, buying is still soaking up the dumped supply in the market. The analyst points to this support level as important, but highlights an even more important and stronger support level lying just above $100,000.

Bitcoin price
Source: TradingView

This $100,000 level has remained a psychological level since it was first hit back in December 2024, becoming the level to hold if the market were to continue its uptrend. The crypto analyst explains that as long as the Bitcoin price remains above $100,000, then the bulls will continue to be in control.

Related Reading

“After a few weeks, or several months, exactly as it happened last time, Bitcoin will go up. So you can expect retraces and corrections, but this is only short-term long-term we grow,” Master Ananda stated.

However, there is still the possibility that the price does fall below the $100,000 level. In this case, it would mean an invalidation of the bullish thesis, and the analyst revealed that the short and mid-term analysis would need to be revisited and updated if this happens.

Bitcoin price chart from TradingView.com
BTC moves above $114,000 | Source: BTCUSD on TradingView.com

Featured image from Dall.E, chart from TradingView.com

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Ethereum Price Prediction: Post-Rally 13% Drop – Is ETH Eyeing Deeper Correction or New Highs? https://earlybirdsinvest.com/ethereum-price-prediction-post-rally-13-drop-is-eth-eyeing-deeper-correction-or-new-highs/ https://earlybirdsinvest.com/ethereum-price-prediction-post-rally-13-drop-is-eth-eyeing-deeper-correction-or-new-highs/#respond Sun, 03 Aug 2025 23:06:34 +0000 https://earlybirdsinvest.com/ethereum-price-prediction-post-rally-13-drop-is-eth-eyeing-deeper-correction-or-new-highs/

Crypto Writer

Arslan Butt

Crypto Writer

Arslan Butt

About Author

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis…

Last updated: 


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Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Ethereum’s latest retreat, a 13% drop from recent highs, marks its first weekly loss in over a month, breaking a steady uptrend that saw ETH testing multi-week highs. The correction, which briefly dragged prices below $3,400, has sparked debate: Is this a pause before a breakout, or the start of a more profound decline?

A fascinating counter-narrative has emerged: a whale bought $300 million of ETH, indicating they believe this dip is temporary.

On-chain data from Arkham Intelligence shows the massive purchase happened as prices were dropping – a “buy the dip” strategy from a high-conviction entity. This, as the broader market is reeling from macro pressures: a strong US dollar and weak non-farm payroll data, which triggered risk-off sentiment.

  • ETH price drop: -13% from July highs
  • Whale purchase: $300 million in ETH
  • Market cap: $422B
  • Trading volume: $28.8B (past 24h)

This divergence between price action and whale behavior suggests a potential reversal. While many traders are exiting on fear, the aggressive accumulation indicates a medium to long-term recovery outlook. It also comes as Ethereum is an institutional asset tied to upcoming ETFs and on-chain upgrades.

Ethereum (ETH) Price Tests Critical Zones

Ethereum price prediction is turning bullish as ETH is trying to recover from $3,374 – its lowest since early July. Price is testing the 0.236 Fib at $3,491, a level that was both support and resistance before.

A clean break above this could lead to $3,564 (38.2% Fib) and $3,623 (50%), with ultimate recovery at $3,681 (61.8%), which is also the 50-period SMA at $3,711.

Momentum is still weak. The 4-hour RSI is at 39, just below the 50 neutral zone. Without bullish divergence or volume confirmation, the price may stall at resistance.

A reversal candle (bullish engulfing) above $3,564 would add to the recovery. But rejection at $3,491 or $3,564 would be bearish and could drag ETH back to $3,374 or even $3,267.

Ethereum Trade Outlook: Watch the $3,564 Breakout

If ETH breaks above $3,564 with volume and a bullish candlestick, traders can target $3,681 and $3,765. This is Fibonacci and historical resistance, a high probability setup.

Trade Levels:

  • Entry: Above $3,565
  • Stop-Loss: Below $3,480
  • Targets: $3,681 / $3,765
  • Invalidation: $3,491 fails to hold

Bitcoin Hyper Presale Over $6.2M as Price Rise Nears

Bitcoin Hyper ($HYPER), the first BTC-native Layer 2 powered by the Solana Virtual Machine (SVM), has raised over $6.2 million in its public presale, with $6,278,761 out of a $21,644,097 target. The token is priced at $0.0115, with the next price tier expected to be announced soon.

Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity.

The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction.


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Bitcoin whipsaws below $116k amid largest hourly correction in two weeks; risks of further pullback to $114k https://earlybirdsinvest.com/bitcoin-whipsaws-below-116k-amid-largest-hourly-correction-in-two-weeks-risks-of-further-pullback-to-114k/ https://earlybirdsinvest.com/bitcoin-whipsaws-below-116k-amid-largest-hourly-correction-in-two-weeks-risks-of-further-pullback-to-114k/#respond Thu, 31 Jul 2025 03:05:14 +0000 https://earlybirdsinvest.com/bitcoin-whipsaws-below-116k-amid-largest-hourly-correction-in-two-weeks-risks-of-further-pullback-to-114k/

Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%, trading at $116,320.13 as of press time following a quick visit below the $116,000 threshold.

This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14%

Major cap altcoins registered the same movement. Ethereum (ETH) slid 1.74% to $3,712.36 as of press time, while Solana fell 1.90% to $173.51, XRP 2.52% to $3.04, and BNB 1.46% to $775.27.

The drop happened in tandem with Fed Chairman Jerome Powell’s speech following the latest FOMC meeting. He highlighted that tariffs’ pass-through to prices may be slower than expected, and the current numbers represent the “very beginning of tariff inflation.”

Powell reiterated that he has no intention of resigning and said the Fed remains committed to its dual mandate. Lastly, he stated that there are no decisions regarding a rate cut in September, despite President Donald Trump saying that he heard Powell would cut interest rates at the next FOMC meeting.

These developments from Powell’s speech added to the revising of a prior line in the Fed’s statement that uncertainty about the outlook “has diminished” to “remains elevated,” a backpedal suggesting lingering risks. 

As a result, traders stopped fully pricing a rate cut in October, given as the most certain.

Markets remain cautious

Bitfinex analysts framed the macro picture as mixed. Gross domestic product (GDP) for the second quarter rebounded to 3% annualized after a 0.5% contraction in the first quarter. 

Yet, much of the improvement reflected lower imports rather than robust domestic demand, according to a note from Bitfinex analysts. Final sales rose just 1.2%, while core Personal consumption expenditures (PCE) eased to 2.5% quarter-over-quarter, and 2.9% year-over-year.

That backdrop leaves the Fed inclined to hold steady amid “persistent inflationary risks.”

With the Fed softening its confidence and highlighting elevated uncertainty, Bitfinex analysts highlighted that crypto’s relief bid lacked fuel. 

If policymakers continue to flag sticky inflation or question the quality of GDP growth, they expect a measured downside. As a result, Bitcoin could probe $114K or lower, with ETH also softening.

The analysts warned that in the post-FOMC window, traders should watch order-flow response, volatility skew shifts, and funding-rate dynamics for confirmation of direction.

Bitcoin Market Data

At the time of press 12:38 am UTC on Jul. 31, 2025, Bitcoin is ranked #1 by market cap and the price is down 0.2% over the past 24 hours. Bitcoin has a market capitalization of $2.34 trillion with a 24-hour trading volume of $69.41 billion. Learn more about Bitcoin ›

Crypto Market Summary

At the time of press 12:38 am UTC on Jul. 31, 2025, the total crypto market is valued at at $3.85 trillion with a 24-hour volume of $169.41 billion. Bitcoin dominance is currently at 60.77%. Learn more about the crypto market ›

Mentioned in this article
Posted In: Bitcoin, Ethereum, Solana, XRP, US, Analysis, Crypto, Featured, Macro, Market, Politics, Price Watch
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Overheating in Bitcoin (BTC) Market Less Severe Than Past Correction Phases https://earlybirdsinvest.com/overheating-in-bitcoin-btc-market-less-severe-than-past-correction-phases/ https://earlybirdsinvest.com/overheating-in-bitcoin-btc-market-less-severe-than-past-correction-phases/#respond Wed, 30 Jul 2025 18:55:19 +0000 https://earlybirdsinvest.com/overheating-in-bitcoin-btc-market-less-severe-than-past-correction-phases/

The cryptocurrency market is cooling off after a brief period of short-term overheating. Unlike prior cycles, CryptoQuant believes that the current overheating is smaller in scale and duration.

This means that Bitcoin could face a limited short-term dip in the near future.

Crypto Market Cools Off

The data focuses on the proportion of Bitcoin held for just 1 day to 1 week – an important metric that hints at market froth. While previous corrections in March-October 2024 and January-April 2025 followed more intense and prolonged overheating phases, the current one appears less severe and shorter in duration.

Given that the recent price uptick was relatively modest, CryptoQuant expects any near-term correction to be milder and shorter-lived. The analysis stated that this is part of a healthy cycle. A potential uptrend could emerge in the second half of 2025, especially if macroeconomic conditions and market sentiment turn favorable. Overall, the findings point to temporary consolidation rather than a full-blown downturn.

Bitcoin is currently changing hands at $118K. But the recovery to this level has prompted long-term holders to offload some of their stash. This is similar to past distribution cycles. Simultaneously, short-term holders are also facing shrinking gains.

To top that, Matrixport also warned of a possible pause in Bitcoin’s rally as traders face key macro events, including Fed decisions and a White House report. Historical weakness in August and September may trigger profit-taking and sideways action, even as long-term momentum remains positive.

Bullish Setup Intact

Amid signs of a temporary market cooldown, Bitcoin Vector revealed that Bitcoin is currently testing a key resistance level. Despite this, the overall structure remains bullish but lacks strong momentum. As such, a confirmed breakout above $120.5K would validate the continuation of the upward trend, while $112.5K serves as critical support on the downside.

As long as Bitcoin holds this range, pullbacks may present buying opportunities.

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Dogecoin (DOGE) Dips Again – Healthy Correction or Sign of Weakening Momentum? https://earlybirdsinvest.com/dogecoin-doge-dips-again-healthy-correction-or-sign-of-weakening-momentum/ https://earlybirdsinvest.com/dogecoin-doge-dips-again-healthy-correction-or-sign-of-weakening-momentum/#respond Tue, 29 Jul 2025 05:43:11 +0000 https://earlybirdsinvest.com/dogecoin-doge-dips-again-healthy-correction-or-sign-of-weakening-momentum/ Dogecoin started a fresh decline from the $0.250 zone against the US Dollar. DOGE is now consolidating and might decline below the $0.2220 support.

  • DOGE price started a fresh decline below the $0.2350 level.
  • The price is trading below the $0.2320 level and the 100-hourly simple moving average.
  • There is a bearish trend line forming with resistance at $0.2280 on the hourly chart of the DOGE/USD pair (data source from Kraken).
  • The price could start a fresh upward move if it clears the $0.2280 and $0.2350 resistance levels.

Dogecoin Price Eyes Recovery Wave

Dogecoin price started a fresh decline from the $0.250 resistance zone, underperforming Bitcoin and Ethereum. DOGE declined below the $0.2350 and $0.2320 support levels.

The decline gained pace below the $0.2300 level. A low was formed at $0.2225 and the price is now consolidating losses. There is also a bearish trend line forming with resistance at $0.2280 on the hourly chart of the DOGE/USD pair.

Dogecoin price is now trading below the $0.2320 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.2280 level and the 23.6% Fib retracement level of the downward move from the $0.2486 swing high to the $0.2225 low.

Dogecoin Price

The first major resistance for the bulls could be near the $0.2350 level or the 50% Fib retracement level of the downward move from the $0.2486 swing high to the $0.2225 low. The next major resistance is near the $0.2420 level. A close above the $0.2420 resistance might send the price toward the $0.250 resistance. Any more gains might send the price toward the $0.2550 level. The next major stop for the bulls might be $0.2650.

Downside Correction In DOGE?

If DOGE’s price fails to climb above the $0.2280 level, it could start a downside correction. Initial support on the downside is near the $0.2220 level. The next major support is near the $0.2120 level.

The main support sits at $0.2050. If there is a downside break below the $0.2050 support, the price could decline further. In the stated case, the price might decline toward the $0.1980 level or even $0.1920 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.

Major Support Levels – $0.2220 and $0.2120.

Major Resistance Levels – $0.2280 and $0.2350.

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XRP dip was a ‘healthy correction,’ Ether supply shock: Hodler’s Digest, July 20 – 26 https://earlybirdsinvest.com/xrp-dip-was-a-healthy-correction-ether-supply-shock-hodlers-digest-july-20-26/ https://earlybirdsinvest.com/xrp-dip-was-a-healthy-correction-ether-supply-shock-hodlers-digest-july-20-26/#respond Sun, 27 Jul 2025 01:40:00 +0000 https://earlybirdsinvest.com/xrp-dip-was-a-healthy-correction-ether-supply-shock-hodlers-digest-july-20-26/

Top Stories of The Week

Australian fintech Finder wins court battle over crypto yield product

The Australian Federal Court ruled in favor of fintech company Finder.com, clearing it and its yield-generating product, Finder Earn, in a legal battle with the Australian Securities and Investments Commission (ASIC) that lasted almost three years. 

In a Thursday court decision, Justices Stewart, Cheeseman and Meagher confirmed a previous judgment that Finder Wallet and Earn complied with consumer financial laws.

The federal court “confirmed the initial finding that Finder Earn was not a financial product,” Finder said in a Thursday blog post.

BitMine gobbles over $2B in ETH in 16 days amid treasury arms race

Bitcoin mining firm BitMine Immersion Technologies has bought up over $2 billion of Ether in just 16 days, retaking the lead among a flurry of newly formed Ether treasury companies. 

BitMine said in a statement on Thursday that in the last 16 days, it had bought up 566,776 Ether, worth over $2.03 billion.

Tom Lee, the managing partner of FundStrat and the chairman of BitMine, said after the latest buying spree, the company is “well on our way to achieving our goal of acquiring and staking 5% of the overall ETH supply.”

BitMine’s aggressive buying spree signals a growing interest from institutions in Ethereum.

XRP price drops 19% but analysts say it’s a ‘healthy correction’

XRP price dropped 12.5% on Thursday, declining in tandem with the broader crypto market, which slipped 3% over the 24 hour period to $3.79 trillion. 

Despite this correction, analysts are terming this a “healthy pullback,” with double-digit XRP price targets still in play.

XRP’s price dropped as much as 19% to an intra-day low of $2.95 on Thursday from its multiyear high of $3.66, data from Cointelegraph Markets Pro and TradingView shows.

Cascading liquidations and thinning liquidity fueled XRP’s drop as over-leveraged longs got flushed across the board.

Cryptocurrencies
Source: Cointelegraph

Hulk Hogan, Ozzy memecoins soar as tributes roll in over icons’ deaths

Memecoins inspired by the late wrestling legend Hulk Hogan and Black Sabbath rocker Ozzy Osbourne skyrocketed as tributes flooded over the two popular icons’ deaths this week. 

Terry Bollea, better known by his wrestling ring name Hulk Hogan, was reportedly pronounced dead in a hospital on Thursday at the age of 71 after medics arrived at his home to answer a call about a possible cardiac arrest.

This comes just days after Ozzy Osbourne, the hard-partying frontman of English rock band Black Sabbath, passed away on Tuesday at the age of 76.

Hogan was the most famous wrestler in the WWF, now WWE, during the 1980s, and had a career that spanned decades both in the ring and across television and film. 

Osbourne, often nicknamed the Prince of Darkness, is considered a legend in the music world and is seen as an iconic heavy metal musician. Black Sabbath is estimated to have sold 75 million albums globally. 

Ether will ‘knock on $4,000’ and soon outperform Bitcoin: Novogratz

Rapidly growing institutional interest in Ethereum could trigger a supply shock and position Ether to outperform Bitcoin in the next six months, says Galaxy Digital CEO Michael Novogratz.

“There’s not a lot of supply of ETH, and so I think ETH probably has a chance to outperform Bitcoin in the next three to six months,” Novogratz told CNBC on Thursday.

“If ETH takes out $4,000, it goes into price discovery,” he said, referring to a level that represents an approximate 8.5% jump from Ether’s current price of $3,618, according to Nansen.

Most Memorable Quotations

Robert Kiyosaki, author of Rich Dad Poor Dad:

“‘Pigs get fat…. hogs get slaughtered.’ I am buying one more [Bitcoin]…. and get fatter.”

Mena Theodorou, co-founder and head of product and marketing at Coinstash:

“If you’re analytical, follow the patterns, and take an emotionless approach, you’re going to do well in the crypto space.”

Michael Novogratz, CEO of Galaxy Digital:

“There’s not a lot of supply of ETH, and so I think ETH probably has a chance to outperform Bitcoin in the next three to six months.”

Markus Thielen, CEO of 10x Research:

“We believe Ethereum is looking vulnerable in the near term.”

Solomon Tesfaye, chief business officer at Aptos Labs:

“We’re seeing more open dialogue between policymakers and Web3 leaders that is shaping legislation and giving institutions more confidence to commit to longer digital asset roadmaps.”

Mister Crypto, pseudonymous crypto trader:

“A massive short squeeze is inevitable!”

Winners and Losers

At the end of the week, Bitcoin (BTC) is at $117,962, Ether (ETH) at $3,774 and XRP at $3.20. The total market cap is at $3.88 trillion, according to CoinMarketCap.

Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are Conflux (CFX) at 72.84%, Ethena (ENA) at 47.25% and Pudgy Penguins (PENGU) at 35.84%.

The top three altcoin losers of the week are Pump.fun (PUMP) at 41.74%, Sonic (S) at 11.04% and Aptos (APT) at 9.38%. For more info on crypto prices, make sure to read Cointelegraph’s market analysis.

Cryptocurrencies
Source: Cointelegraph

Top Prediction of The Week

Eric Trump ‘agrees’ Ether should be over $8K as Global M2 money soars

Analysts say Ether is undervalued and “should be trading above $8,000” as global liquidity, measured by broad money supply (M2), hit a new record high of $95.58 trillion on Friday.

Global liquidity supply, or M2, aggregates US dollar-adjusted liquidity from major economies including the US, eurozone, Japan, the UK and Canada. 

A rising M2 implies that more money is circulating in the economy, including in bank accounts, checking deposits and other liquid assets. Such surplus liquidity can increase capital inflow into riskier assets like crypto.

Ether appears to be following a similar M2 supply trajectory, defined by the Wyckoff accumulation method, in 2025, albeit with a significant lag period.

Top FUD of The Week

Arizona woman sentenced for helping North Korea coders get US crypto jobs

An Arizona woman was sentenced to more than eight years in federal prison for helping North Korean operatives infiltrate US cryptocurrency and tech firms using stolen identities and fraudulent documents. 

According to a Thursday announcement by the US Attorney’s Office for the District of Columbia, Christina Marie Chapman was convicted of wire fraud conspiracy, aggravated identity theft and money laundering conspiracy. She was sentenced to 102 months, or about 8.5 years in prison.

Prosecutors said Chapman worked with operatives tied to the Democratic People’s Republic of Korea to obtain remote IT positions at more than 300 US-based companies. The North Korean workers posed as US citizens and residents, and the scheme generated over $17 million in illicit revenue.

Cryptocurrencies
Source: Cointelegraph

Bitcoin tumbles below $116K in bloodbath for crypto longs

More than half a billion in long positions were liquidated across the crypto market on Friday as the price of Bitcoin slipped below $116,000 amid a broader market tumble.

According to CoinGlass data, $585.86 million in long positions were liquidated, with Bitcoin  accounting for $140.06 million of that total as it dropped 2.63% to $115,356. 

Ether followed with $104.76 million in long liquidations, falling 1.33% to $3,598 over the same period.

New York crypto torture case suspects out on $1M bail each

Two men accused of kidnapping and torturing an Italian man in a Manhattan townhouse as part of a cryptocurrency extortion plot have been granted bail.

John Woeltz, 37, and William Duplessie, 33, were each issued a $1 million bail on Wednesday by New York Supreme Criminal Court Judge Gregory Carro, according to a report from ABC News. Both men have reportedly pleaded not guilty to charges including kidnapping, assault and coercion.

The case stems from a crypto extortion incident that took place a few months earlier. On May 6, a 28-year-old cryptocurrency trader visiting from Italy was allegedly abducted after arriving in New York.

According to prosecutors, the man was held hostage for weeks and subjected to repeated torture as his captors attempted to force him to reveal his Bitcoin credentials.

Top Magazine Stories of The Week

Robinhood’s tokenized stocks have stirred up a legal hornet’s nest

Tokenizing stocks opens up legal questions about jurisdiction, protections for buyers and the boundary between innovation and illegality.

Hong Kong hoses down stablecoin frenzy, Pokémon on Solana: Asia Express

Solana apps bring Pokémon cards to Web3 with NFT gachas, FTX blocks Chinese creditors while they sell claims on Backpack, and more.

Bitcoin inheritances: A guide for heirs and the not-yet-dead

Your Bitcoiner OG uncle just died and you stand to inherit a small fortune. But how do you find it, and get it back from exchanges, ETFs or hardware wallets?

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